China’s Colossal Hidden-Debt Problem Is Coming to a Head - (When you add hidden local government debt - china’s debt burden is HIGHER than the US!) - Kotaku In Action 2

China’s Colossal Hidden-Debt Problem Is Coming to a Head - (When you add hidden local government debt - china’s debt burden is HIGHER than the US!) (archive.is)

posted 343 days ago by NatalieBiden 343 days ago by NatalieBiden +25 / -0

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– Raos044 2 points 343 days ago +2 / -0

I recently heard that the guy in china in charge of the rail system admitted that the rail system has a debt worse than the real estate market.

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– undecidedmask2 2 points 343 days ago +2 / -0

I have seen their videos of high speed rail where the trains are photoshopped in lol. Wouldn't know about their train stuff though, haven't heard anything about it.

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– deleted 4 points 343 days ago +4 / -0

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– Raos044 3 points 342 days ago +3 / -0

It is a piece of shit just like the rest of their infrastructure.

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– Raos044 3 points 342 days ago +3 / -0

https://youtu.be/gMrLr3qAeIM?si=cnqxTuUczFV_3G-e

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